Bank of New York Mellon will serve as the primary custodian
for the U.S. dollar reserves supporting Ripple’s stablecoin, RLUSD. The
announcement was made by both companies on Wednesday.BNY Mellon created a…
In brief
Ripple has chosen BNY Mellon as the primary custodian for RLUSD.
Stablecoin issue Circle made a similar announcement over three years ago.
Despite its over 240-year history, BNY Mellon was an…
Anchorage Digital, a crypto custodian and federally chartered bank, said it will start phasing out and direct institutional clients to convert USDC and other stablecoins into rival token Global…
Digital asset infrastructure firm Taurus, whose clients which include Deutsche Bank and State Street, has launched the first private stablecoin contract, targeting financial institutions and businesses who have been hesitant…
Goldman Sachs-backed cryptocurrency custody firm BitGo is the latest cryptocurrency company to secure regulatory approval to operate across the European Union.Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), granted…